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Thread: BOND THREAD

  1. #2581
    Join Date
    Mar 2009
    Posts
    10,557

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    Yes, you are right! CCR private properties had already crashed 30%, what more do you want when OCR private properties has not dropped? we would need to see OCR private property prices drop 30% or more from their THOUSAND YEARS HISTORICAL PEAK before there is any more drop in CCR private property prices!

    But my life and investment don't only revolve around properties and their prices, and my liquid assets (money not in properties) are earning much better profits from other investment avenues!

    People should just go to sleep for next 5 years about property prices (because OCR prices likely drop >30% and CCR will not go anywhere)!

    Quote Originally Posted by Kelonguni View Post
    Yah already depreciated 20-30%, quite impossible to depreciate further.

  2. #2582

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    For the past few months . Most of the bond price is really selling at a premium. Even the new Wing Tai SGD perp bond is price at 4.08% with
    a bond feature of deferral interest payment. FYI, One of the Wing Wai straight bond SGD 4% which is due 2021. Now trading 103+.
    Have been trying to buy short dated bond like Banyan tree , Centurion & other. But no seller or price too high & therefore too Xpensive to buy
    Regret did not outright to buy seagate 5.875% long dated bond when it was @92. Now trading at 100.

    Just only recently, I saw a opportunity to buy Wanda 4.875% USD bond due Nov 2018 @100. It was > 102+ before the speculation that banks were issuing notices that they will sell Wanda bonds. It went as low as 98+ before it recovered to 100. Since it is a short dated bond (Nov 2018). I decided to take the risk to buy.

    Now monitoring at GLP 3.875% USD bond due 2025. Trading @ 95+. It was 102+ before GIC decide to sell away GLP.

  3. #2583

    Default

    Thank you. Pls share more.

  4. #2584
    Join Date
    Mar 2009
    Posts
    10,557

    Default

    GLP 3.875% USD bond due 2025 (or 8 years later) at price of 95 or YTM of 4.5% is pretty expensive even for an investment grade bond............


    Quote Originally Posted by cbsh38584 View Post
    For the past few months . Most of the bond price is really selling at a premium. Even the new Wing Tai SGD perp bond is price at 4.08% with
    a bond feature of deferral interest payment. FYI, One of the Wing Wai straight bond SGD 4% which is due 2021. Now trading 103+.
    Have been trying to buy short dated bond like Banyan tree , Centurion & other. But no seller or price too high & therefore too Xpensive to buy
    Regret did not outright to buy seagate 5.875% long dated bond when it was @92. Now trading at 100.

    Just only recently, I saw a opportunity to buy Wanda 4.875% USD bond due Nov 2018 @100. It was > 102+ before the speculation that banks were issuing notices that they will sell Wanda bonds. It went as low as 98+ before it recovered to 100. Since it is a short dated bond (Nov 2018). I decided to take the risk to buy.

    Now monitoring at GLP 3.875% USD bond due 2025. Trading @ 95+. It was 102+ before GIC decide to sell away GLP.

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